Description

This analysis provides a forecast of EGLD prices using a Seasonal ARIMA model with Box-Cox transformation. The forecast includes different scenarios:

The confidence levels used are 68%, 95%, and 99.7%, which means there is a corresponding probability that the actual price will fall within the Bear and Bull case range for each confidence level.

The purpose of this model is to help investors understand potential future price movements and make informed decisions based on different market scenarios.

Bear_0.997 Bear_0.95 Bear_0.68 Base Bull_0.68 Bull_0.95 Bull_0.997
2024-10-06 17.467839 19.923892 22.605485 25.751444 29.342355 33.314956 38.045613
2024-10-13 13.897864 17.065522 20.787263 25.485758 31.264853 38.148725 46.984016
2024-10-20 10.967592 14.392808 18.692226 24.492075 32.125164 41.847923 55.207009
2024-10-27 8.924700 12.463181 17.188332 23.971691 33.485280 46.392741 65.305882
2024-11-03 7.655344 11.340944 16.560726 24.511837 36.360716 53.435769 80.045803
2024-11-10 6.706058 10.508830 16.204727 25.386004 39.884690 62.019187 98.613892
2024-11-17 5.748333 9.500771 15.427802 25.509339 42.332693 69.467775 116.934998
2024-11-24 4.764651 8.281646 14.122976 24.578237 42.963193 74.207639 131.882038
2024-12-01 3.970255 7.239323 12.934659 23.636078 43.418235 78.758222 147.438542
2024-12-08 3.426954 6.541897 12.223027 23.407448 45.099854 85.759646 168.799474
2024-12-15 3.028462 6.040913 11.781736 23.601531 47.610005 94.741056 195.717074
2024-12-22 2.660717 5.534549 11.245560 23.518486 49.573977 103.040545 222.975475
2024-12-29 2.421223 5.256678 11.137951 24.343206 53.677117 116.669917 264.805600
2025-01-05 2.147165 4.857158 10.714091 24.430974 56.259443 127.669123 303.429769
2025-01-12 1.853482 4.360831 9.997240 23.742044 56.997977 134.815804 334.935631
2025-01-19 1.632112 3.988602 9.491257 23.445408 58.605182 144.305139 374.291430
2025-01-26 1.501963 3.809735 9.403461 24.144424 62.797547 160.873483 435.365841
2025-02-02 1.402146 3.687611 9.431992 25.147590 67.990072 181.041878 510.714403
2025-02-09 1.274375 3.469737 9.182833 25.384500 71.231959 196.857867 577.970117
2025-02-16 1.115126 3.137901 8.578956 24.546604 71.369921 204.368730 623.392157
2025-02-23 0.976321 2.836309 8.002253 23.673872 71.243680 211.162835 668.485181
2025-03-02 0.881150 2.641297 7.686268 23.498924 73.157820 224.336769 736.714667
2025-03-09 0.810798 2.506172 7.517762 23.737384 76.405206 242.262509 824.823727